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"One disadvantage of discretionary fiscal policy is that it can return the economy to its potential level of output but at the cost of increasing the price level." This statement is TRUE.
The main limitations of discretionary fiscal policy are: (1) Information lag: Governments must have the relevant and reliable data they need to change taxes and government spending. Collecting, classifying, aggregating, and analyzing data takes a long time.
Trade-offs – Trade-offs can occur when a government adopts a combination of expansionary and contractionary fiscal policies. When a country wants to increase spending and raise more money to fuel economic growth, it can issue bonds to its citizens.
Learn more about discretionary fiscal policy here: brainly.com/question/27936770
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First, let's find the amount that they owe. 540,000-180,000=360,000 They sold 9,000 units, so together they must be worth 360,000 dollars. Divide 360,000/9,000 and you find that each unit is 40 dollars. Please mark Brainliest!!!
Answer:
Here the Marla's company can be best described as C) border less organization.
Explanation:
Border less organization which is also commonly know as transnational corporation, is best used to describe a multinational organization, which has its head quarter in one country and various offices, facilities in multiple countries. Being this type of corporation helps a company in targeting larger customer base , utilizing national competences .
Answer:
without tax: $ 7 consumer surplus
with tax: $ 2 consumer surplus
differece: decrease of $5
Explanation:
the consumer surplus is the difference between the amount willing to pay for the good and the equilibrium price:
with no tax:
ken is willing to buy for 20 - 15 equilibrium price = 5
mark is willing to buy for 17 - 15 equilibrium price = 2
total 7
with taxes:
ken is willing to buy for 20 - 18 equilibrium price = 2
mark has no consumer surplus
total 2
difference: 5